March 29, 2024

Web and Technology News

Co:Create aims to help NFT projects launch their own cryptocurrencies

NFT powerhouse Yuga Labs, the startup behind the Bored Apes Yacht Club (BAYC) monkey JPEGs, launched its native ApeCoin cryptocurrency in March to much fanfare. Through the launch, the startup was able to expand its ecosystem beyond the few thousand individuals who already hold its NFTs, and it eventually plans to expand ApeCoin’s use by, […]

Bored Apes NFT startup Yuga Labs raises seed round at monster $4B valuation

Yuga Labs, maker of the multimillion monkey JPEGs that plenty of NFT skeptics love to hate, just raised a $450 million round from Andreessen Horowitz at a $4 billion valuation, the company announced Tuesday. The Miami-based NFT firm behind Bored Apes Yacht Club has not previously raised funding though the startup has long been courting […]

Bored Apes NFT startup Yuga Labs raises seed round at monster $4B valuation

Yuga Labs, maker of the multimillion monkey JPEGs that plenty of NFT skeptics love to hate, just raised a $450 million round from Andreessen Horowitz at a $4 billion valuation, the company announced Tuesday. The Miami-based NFT firm behind Bored Apes Yacht Club has not previously raised funding though the startup has long been courting […]

Bored Apes NFT project gets official ‘ApeCoin’ token

Even among the fastest-growing crypto startups, Yuga Labs has had a particularly explosive year. The startup is behind the NFT project Bored Apes Yacht Club (BAYC), which only launched in April of last year but has quickly grown to become the most valuable NFT project by market cap. The price of admission to purchase the […]

Bored Apes maker Yuga Labs acquires CryptoPunks NFT collection

Bored Apes Yacht Club maker Yuga Labs announced Friday that they have acquired the rights to the CryptoPunks and Meebits NFT collections from creator Larva Labs. Bored Apes and CryptoPunks are the two most valuable NFT collections by market cap, and hold a combined worth at a minimum of some $3.6 billion at current prices. […]

Chris Dixon, Marc Andreessen back $30M fund exclusively investing in NFT art

The world of NFTs is never dull — as long as the money never stops. While investors continue to pour billions into the sector, albeit at a slowing pace, more crypto buyers are spinning up funds to back NFT platforms, projects and the non-fungible tokens themselves. While dedicated funds solely devoted to NFTs as an […]